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$2,646 (target)

3225 Orlando Dr, Corpus Christi, TX 78411

3 beds • 2 baths • 1504 sqft

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This property could be a profitable Mid-Term investment with a projected 21.74% first-year return on $42,780 initial cash invested.

21.74%

Cash On Cash

15.05%

Cap Rate

2.47

DSCR

$2,646

Rent

$775

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,646 income − $1,871 expenses = $775 cash flow

Income$2,646Mortgage P&I$59923%Property Taxes$33113%Insurance$412%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$775

Investment Breakdown

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Purchase Price

$118k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,780

Downpayment

20%

$23,600

Closing costs

1%

$1,180

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,646

Total Expenses

$1,871

Mortgage P&I

23%

$599

Property Taxes

13%

$331

Home Insurance

2%

$41

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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